Description (Please provide a detailed description of the event in the box below)

Cessation of Mr Jason Leow Juan Thong as a Non-Executive Non-Independent Director and a Member of the Executive Committee.

Additional Details

Name Of Person

Jason Leow Juan Thong

Age

51

Is effective date of cessation known?

Yes

If yes, please provide the date

01/12/2017

Detailed Reason (s) for cessation

Mr Jason Leow Juan Thong is stepping down and Mr Lee Chee Koon will be appointed in his place as a Non-Executive Non-Independent Director.

Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?

No

Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?

No

Any other relevant information to be provided to shareholders of the listed issuer?

No

Date of Appointment to current position

20/04/2017

Does the AC have a minimum of 3 members (taking into account this cessation)?

Yes

Number of Independent Directors currently resident in Singapore (taking into account this cessation)

5

Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months

1

Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)

Non-Executive Non-Independent Director and Member of the Executive Committee.

Role and responsibilities

Non-Executive Non-Independent Director and Member of the Executive Committee.

Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries